VERSES AI Inc. (VERS) - Total Assets
Based on the latest financial reports, VERSES AI Inc. (VERS) holds total assets worth CA$2.29 Million CAD (≈ $1.66 Million USD) as of December 2025. Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments. See VERS equity to assets ratio to measure how much of total assets are equity-financed.
VERSES AI Inc. - Total Assets Trend (2022–2025)
This chart illustrates how VERSES AI Inc.'s total assets have evolved over time, based on quarterly financial data. Check VERS tangible net assets ratio to evaluate the tangible quality of the company's equity base.
VERSES AI Inc. - Asset Composition Analysis
Current Asset Composition (March 2025)
VERSES AI Inc.'s total assets of CA$2.29 Million consist of 97.0% current assets and 3.0% non-current assets.
| Asset Category | Amount (CAD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CA$0.00 | 75.5% |
| Accounts Receivable | CA$0.00 | 0.0% |
| Inventory | CA$6.65K | 0.1% |
| Property, Plant & Equipment | CA$0.00 | 0.0% |
| Intangible Assets | CA$0.00 | 0.0% |
| Goodwill | CA$0.00 | 0.0% |
Asset Composition Trend (2022–2025)
This chart illustrates how VERSES AI Inc.'s asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution. For live market cap, price, and company overview, see VERSES AI Inc. (VERS) market capitalisation.
Key Asset Composition Facts
- Current vs. Non-Current Assets: VERSES AI Inc.'s current assets represent 97.0% of total assets in 2025, an increase from 95.0% in 2022.
- Cash Position: Cash and equivalents constituted 75.5% of total assets in 2025, up from 70.6% in 2022.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2022.
- Asset Diversification: The largest asset category is inventory at 0.1% of total assets.
VERSES AI Inc. Competitors by Total Assets
Key competitors of VERSES AI Inc. based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Shanghai Precise Packaging Co Ltd
SHE:300442
|
China | CN¥47.10 Billion |
|
kakaopay Corp.
KO:377300
|
Korea | ₩5.34 Trillion |
|
Inesa Intelligent Tech Inc A
SHG:600602
|
China | CN¥7.86 Billion |
|
Wiscom System Co Ltd
SHE:002090
|
China | CN¥3.01 Billion |
|
Decidr Ai Industries Ltd
AU:DAI
|
Australia | AU$119.43 Million |
|
Razor Labs Ltd
TA:RZR
|
Israel | ILA51.68 Million |
|
RAIZ Invest Ltd
AU:RZI
|
Australia | AU$50.57 Million |
|
Orion Digital Corp.
TO:ORIO
|
Canada | CA$166.59 Million |
VERSES AI Inc. - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 0.14 | 0.14 | 1.18 |
| Quick Ratio | 0.14 | 0.14 | 1.18 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CA$-13.25 Million | CA$-23.70 Million | CA$1.67 Million |
VERSES AI Inc. - Advanced Valuation Insights
This section examines the relationship between VERSES AI Inc.'s asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 11.11 |
| Latest Market Cap to Assets Ratio | 0.62 |
| Asset Growth Rate (YoY) | 11.9% |
| Total Assets | CA$6.38 Million |
| Market Capitalization | $3.93 Million USD |
Valuation Analysis
Below Book Valuation: The market values VERSES AI Inc.'s assets below their book value (0.62x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: VERSES AI Inc.'s assets grew by 11.9% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for VERSES AI Inc. (2022–2025)
The table below shows the annual total assets of VERSES AI Inc. from 2022 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-03-31 | CA$6.38 Million ≈ $4.61 Million |
+11.88% |
| 2024-03-31 | CA$5.70 Million ≈ $4.12 Million |
-34.04% |
| 2023-03-31 | CA$8.64 Million ≈ $6.25 Million |
-4.29% |
| 2022-03-31 | CA$9.03 Million ≈ $6.53 Million |
-- |
About VERSES AI Inc.
VERSES AI Inc., a cognitive computing company, engages in building system software in Canada. It focuses on developing Genius, an intelligence-as-a-service smart software platform that is designed to enable agentic intelligence for enterprises. The company was formerly known as Verses Technologies Inc. and changed its name to VERSES AI Inc. in March 2023. The company was incorporated in 2020 and … Read more